Bolton House Prices: How COVID-19 has changed the property market 

Are you moving to Bolton, or planning to sell your Bolton home? Take a look at our guide to Bolton house prices and how the COVID-19 pandemic has affected the UK property market. 

Recently, the property market has experienced a ‘mini boom’ and has been on the rise since July 2020 due largely to the UK Government’s cutting stamp duty tax allowing some buyers to save up to £15,000 during a property transaction. The extension of the stamp duty holiday suggests house prices could continue to increase in 2021. 

Is the UK Property Market Open?

The UK property market, including England, Northern Ireland, Scotland and Wales, is currently open. This means that despite government lockdown measures it is possible to conduct in-person property viewings and move home. As mentioned, the stamp duty tax cut has resulted in a rise in property transactions, and according to data from HM Revenue and Customs 147,050 property sales went through in February 2021, showing a 49% increase year-on-year. 

How have UK House Prices changed?

As time goes on, property market experts now possess a better understanding of how COVID-19 has changed the property market and affected house prices. However, due to the extension of the stamp duty holiday and continuing lockdown measures in the UK, the data may still fluctuate in 2021. 

According to a March 2021 report from property portal Rightmove, the average asking price for a UK property has increased by 0.8% month-on-month and 2.7% year-on-year. They predict house prices will increase by 4% this year and the property market across the UK may experience fewer transactions once the stamp duty cut expires although this may not have a huge effect on the property market as it is likely sales will continue at a steady rate soon after. 

House Prices in Bolton, Greater Manchester 2021

Known as one of the UK’s friendliest towns, Bolton is a popular town in Greater Manchester and a great place to move whether you’re a young professional planning to commute to the city centre, a family or retired person. Discover beautiful countryside and attractions, including Rivington Pike and Moses Gate Country Park, fantastic shopping,  a varied nightlife, and much more when you move to Bolton. 

According to Rightmove, the average price of a home in Bolton over the last year is £180,752. This shows an increase of 9% since 2019. The majority of property sales in Bolton over the last year were terraced houses selling for an average price of £119,884. Semi-detached properties in Bolton sold for an average price of £177,012, and detached properties sold for around £323,787. 

How can SureStore Bolton help you move home? 

Move home the easy way with SureStore Bolton! Our modern and professional self-storage facility offers a range of secure and differently-sized storage units, from 10sqft to 200sqft, to choose from. 

Whether you need to store all of your household items and furniture, or just a few boxes while you move to your new Bolton home, we’ll provide a cost-effective and flexible home storage solution.  

Our storage units and drive-up storage units at SureStore Bolton can help to make your property move as smooth and stress-free as possible. Our home storage service can be used for a range of purposes and are available on a long-term or short-term basis. So, whether you’re experiencing delays in the buyer’s chain and require secure storage for your household possessions while you wait for your keys, or you choose to store your belongings while you decorate, SureStore Bolton has the perfect storage unit for you. 

Our Bolton self-storage units benefit from individual hi-tech intruder alarms and 24/7 CCTV surveillance. All of our home self-storage customers receive a unique key code for safe, remote access. 

So, if you’re moving home and are interested in an affordable home storage solution at SureStore Bolton, call our experienced team today on 01204 869130, or use our online booking system! 

Find SureStore Bolton self-storage facility at Orlando Street, Off Manchester Road , Bolton, BL2 1 DU.